TORONTO, Sept. 6, 2024 /CNW/ - Ontario's financial services regulator, FSRA, has issued an Order against Higginson Equipment Inc. (Higginson).
Higginson contravened the Pension Benefits Act, R.S.O. 1990, c. P.8, and its regulations, by failing to remit employer and employee contributions totalling $34,931.46 to the pension fund of the Pension Plan for the Employees of Higginson Equipment Inc., Registration Number 0259606.
FSRA issued this order as Higginson did not request a hearing before the Financial Service Tribunal or contest FSRA's decision.
- Higginson Equipment Inc. (Pension Plan Administrator)
- Higginson Equipment Inc. (Pension Plan Sponsor)
- Higginson Equipment Inc. (Pension Plan Employer)
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.
For media inquiries:
Russ Courtney
Senior Manager of Media Relations
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
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